Avient
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avient's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $3,142,800,000. Profit margin reached 2%. Total operating expenses were $695,700,000.
Profit Margin
| 2014 | 3.83B | 79.2M | 2.06% |
|---|---|---|---|
| 2015 | 3.37B | 144.6M | 4.28% |
| 2016 | 3.33B | 165.2M | 4.95% |
| 2017 | 3.22B | -57.7M | -1.79% |
| 2018 | 3.53B | 159.8M | 4.52% |
| 2019 | 2.86B | 75.7M | 2.64% |
| 2020 | 3.24B | 131.6M | 4.06% |
| 2021 | 4.81B | 230.8M | 4.79% |
| 2022 | 3.39B | 83.1M | 2.45% |
| 2023 | 3.14B | 75.7M | 2.41% |
AVNT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.14B | 3.39B | 4.81B | 3.24B | 2.86B | 3.53B | 3.22B | 3.33B | 3.37B | 3.83B |
Cost of revenue | 2.24B | 2.51B | 3.71B | 2.45B | 2.20B | 2.78B | 2.51B | 2.63B | 2.69B | 3.12B |
Gross profit | 902.7M | 882.7M | 1.09B | 784.3M | 657.2M | 744.9M | 719M | 706.2M | 681.5M | 707.9M |
Operating exp. | ||||||||||
Research and development | 90.3M | 84.9M | 83.2M | 59.8M | 50.6M | 49.6M | 52.1M | 50.4M | 53M | 53.4M |
Selling and marketing | 0 | 0 | 0 | 54.5M | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 695.7M | 639.4M | 718.4M | 595M | 500.4M | 471.2M | 441.5M | 424.3M | 430.6M | 552.8M |
Operating income | 221.5M | 183.6M | 381.2M | 189.3M | 156.8M | 273.7M | 277.5M | 281.9M | 250.9M | 155.1M |
Other income (expenses), net | -134.2M | -119.8M | -76.6M | -50.3M | -47.4M | -13.7M | -65.2M | 200K | -83.2M | -66.7M |
Income before tax | 87.3M | 63.8M | 304.6M | 139M | 109.4M | 197.2M | 212.3M | 222.3M | 167.7M | 88.4M |
Income tax expense | 11M | -19.3M | 74M | 5.2M | 33.7M | 36.4M | 38.7M | 57.3M | 23M | 11.2M |
Net income | 75.7M | 83.1M | 230.8M | 131.6M | 75.7M | 159.8M | -57.7M | 165.2M | 144.6M | 79.2M |
Earnings per share | ||||||||||
Basic EPS | 0.83 | 0.91 | 2.53 | 1.46 | 0.98 | 2.01 | -0.71 | 1.97 | 1.65 | 0.86 |
Diluted EPS | 0.82 | 0.9 | 2.51 | 1.45 | 0.97 | 1.99 | -0.7 | 1.95 | 1.63 | 0.85 |
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